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nqreadthetape
Jul 23, 2019 3:51 PM

NUGT Long

Direxion Daily Gold Miners Index Bull 2XSharesArca

Description

Nice pullback, need to hold 33.61 to keep uptrend intact. Dollar strength is not helping gold today.
Comments
MEGALO1
Currency manipulation from the European theater and on Uk front, laundering their currencies through the Japanese central banks keeps their currencies at multi year lows much less a decade!! ie... british pound; aussie dollar; new Zealand dollar> these three countries have been laudering their currencies since 1993 black day for pound. The britt's learned a new trick and been using it to manipulate the pound the other follower countries have followed suite, ie... euro; aud; nzd!!! These countries used this currency trick regularly since 08 crash with the; in last seven to five weeks with historical and technical;fundamental and criminal violations of currency manipulations. That is why the USD continues to rise after any and all sharp drops since 2008 crash. Which in turn bashes down Prime Metals and raises their over bloated sky high stocks for the common investor to risk their hard earned money and to not loss it in a manipulated PM market ie... mining stocks; physical metal ; etf ; vehicles. Perfect example is today PM down European stocks blast up.

Hey Chris, before I forget great evaluation on (Nugt) i'm onboard with you friend, with 10k skin in the game, placed two days hinder, I think we will be alright with this trade for today nzd; the euro; the aud have stopped falling just after the (nymx) has closed for the day its 1:48 pm 7/23/19 i'm a swing trader keep most equities between 2 - 10 days.
(Nugt) should remain above 33.63 that's giving that they the above mentioned don't launder their currencies into oblivion> Good trading!!
nqreadthetape
@MEGALO1, Good trading to you too, thanks for the response!
transparent-fx
thanks for sharing your work, in the end the market is our true teacher, i'm sure you will enjoy also my work, take a look if you want
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